Highnoon Laboratories Announces Dividend and Bonus Issue for 2024

Karachi, Highnoon Laboratories Ltd. (XD NC), listed on the Pakistan Stock Exchange under the symbol HINOON, today announced its financial distributions for the year ending December 2024. The company declared a dividend of 200% and a bonus issue of 10% per share for the market lot of 10. Additionally, the closing books date is set for April 22. Highnoon Laboratories reported earnings per share (EPS) of Rs. 57.71 for the first quarter of 2024, with a daily weighted average rate of Rs. 529.83 and today's rate at Rs. 595.48. The stock reached a high of Rs. 556 and a low of Rs. 465.5 during the January to March 2024 period.